LOS ANGELES Jan 14 Hemlock Semiconductor Group
said on Monday it will lay off about 400 workers in Tennessee
and Michigan due to a global glut of polysilicon and the threat
of tariffs on its products sold in China.
Hemlock is a major producer of polysilicon, the raw material
used in most photovoltaic solar panels. It is a joint venture
between Dow Corning Corp, Shin-Etsu Handotai
and Mitsubishi Materials Corp.
"The threat of tariffs on U.S. polysilicon imported into
China has significantly decreased orders from China, which is
home to one of the largest markets for our products," Hemlock
President Andrew Tometich said in a statement.
The job cuts will affect 300 employees in Tennessee and 100
in Michigan, Hemlock said.